Zach is pretty close to correct on the figures from 24 Hour Fitness. I only know about the Hawaii clubs but the Mgr's. there are pulling in a ton of money. The guy who was heading up all their PT's there was doing about $100,000 a year. The regional manager was doing $125,000+ a year. 24 Hour Fitness does take care of their employees. Maybe too much. If I heard it right, they have never had a year in the black yet. They were sold two years ago for $1.6 billion almost solely based on their income. It is amazing how much they do in memberships and PT. But they build and own all their gyms and so far they are spending more than they make it appears. But, take into account their income and all the intellectual property they own and they are worth a lot. They have less than half the gyms Gold's Gym had when they sold but they got 10 times more money when they sold.
You dont really believe this do you?
they get a $500 base per month and percentage of sales they make as well as a percentage of the total PT sales of the club. Most Mega-commercial gyms are lucky to sell 10k in PT in a month ( excluding pre-sales and grand openings) so if they get 10% of 10k , well thats 1k plus a $500/month base. These guys are banking! lol
I have never heard anyone getting a base of $500. NO ONE. $10K a month in Personal Training is not a lot for a large club. In fact it is very low for a large club and more than likely if a club only did that much they would probably quit offering PT. A typical 24 Hour in Hawaii probably does $30,000 to $50,000 a month in PT. There was an article in Club Industry awhile back and all the 24 Hour Fitness in Asia together were pulling in an average of $75,000 a month. I think it was 24 Hour Fitness and that number is pretty close. PT is the #1 ancillary profit center in a club. So you need to do some research first. Either that or find some real gyms. Cause with the numbers you put up that had to be some little hole in the wall